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September 9, 2014

About that raise... Execs feel tight-fisted

  • In a new survey, more than 40 percent of respondents foresee lower pay and benefits for workers. Roughly half favor outsourcing work over hiring staffers.
  • By JOSH BOAK
    AP Economics Writer

    WASHINGTON — The corporate executives who decide whether U.S. workers get meaningful raises have a message: Don't expect one anytime soon.

    And if you're counting on a full-time job offer in the future, your prospects may be dimming.


     
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